Worldwide security spending will approach $86bn in 2016

“Worldwide spending on security is expected to touch the $60 billion mark in 2012, up 8.4 percent from $55 billion in the previous year, according to research company Gartner – this figure will approach $86 billion in 2016.

‘The security infrastructure market is expected to experience positive growth over the forecast period, despite risks of further economic turbulence,’ said Lawrence Pingree, research director at Gartner.”